Duckworth Alexander Ltd - Limited company accounts 11.4
Duckworth Alexander Ltd - Limited company accounts 11.4
| REGISTERED NUMBER: |
| Report of the Director and |
| Unaudited Financial Statements for the Year Ended 30 June 2014 |
| for |
| Duckworth Alexander Ltd |
| Duckworth Alexander Ltd (Registered number: SC360977) |
| Contents of the Financial Statements |
| for the Year Ended 30 June 2014 |
| Page |
| Company Information | 1 |
| Report of the Director | 2 |
| Profit and Loss Account | 3 |
| Balance Sheet | 4 |
| Notes to the Financial Statements | 5 |
| Duckworth Alexander Ltd |
| Company Information |
| for the Year Ended 30 June 2014 |
| DIRECTOR: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Duckworth Alexander Ltd (Registered number: SC360977) |
| Report of the Director |
| for the Year Ended 30 June 2014 |
| The director presents his report with the financial statements of the company for the year ended 30 June 2014. |
| PRINCIPAL ACTIVITY |
| The principal activity of the company in the year under review was that of financial advisory services. |
| DIRECTOR |
| This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small |
| companies. |
| ON BEHALF OF THE BOARD: |
| Duckworth Alexander Ltd (Registered number: SC360977) |
| Profit and Loss Account |
| for the Year Ended 30 June 2014 |
| 30.6.14 | 30.6.13 |
| Notes | £ | £ |
| TURNOVER |
| Cost of sales |
| GROSS PROFIT |
| Administrative expenses |
| OPERATING PROFIT | 2 |
| Interest receivable and similar income |
| PROFIT ON ORDINARY ACTIVITIES BEFORE TAXATION |
| Tax on profit on ordinary activities | 3 |
| PROFIT FOR THE FINANCIAL YEAR |
| Duckworth Alexander Ltd (Registered number: SC360977) |
| Balance Sheet |
| 30 June 2014 |
| 30.6.14 | 30.6.13 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 5 |
| CURRENT ASSETS |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 6 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CAPITAL AND RESERVES |
| Called up share capital | 7 |
| Profit and loss account | 8 |
| SHAREHOLDERS' FUNDS |
| The director acknowledges his responsibilities for: |
| (a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
| (b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
| The financial statements were approved by the director on |
| Duckworth Alexander Ltd (Registered number: SC360977) |
| Notes to the Financial Statements |
| for the Year Ended 30 June 2014 |
| 1. | ACCOUNTING POLICIES |
| Accounting convention |
| The financial statements have been prepared under the historical cost convention and in accordance with the Financial |
| Reporting Standard for Smaller Entities (effective April 2008). |
| Turnover |
| Turnover represents net invoiced sales of services, excluding value added tax. The company's policy is to recognise a sale |
| when the company obtains the right to consideration. |
| Tangible fixed assets |
| Plant and machinery | - |
| Fixtures and fittings | - |
| Computer equipment | - |
| Pension costs and other post-retirement benefits |
| The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are |
| charged to the profit and loss account in the period to which they relate. |
| 2. | OPERATING PROFIT |
| The operating profit is stated after charging: |
| 30.6.14 | 30.6.13 |
| £ | £ |
| Depreciation - owned assets |
| Pension costs |
| Director's remuneration and other benefits etc |
| 3. | TAXATION |
| Analysis of the tax charge |
| The tax charge on the profit on ordinary activities for the year was as follows: |
| 30.6.14 | 30.6.13 |
| £ | £ |
| Current tax: |
| UK corporation tax |
| Tax on profit on ordinary activities |
| 4. | DIVIDENDS |
| 30.6.14 | 30.6.13 |
| £ | £ |
| Ordinary shares of £1 each |
| Interim | 42,900 | 30,000 |
| Duckworth Alexander Ltd (Registered number: SC360977) |
| Notes to the Financial Statements - continued |
| for the Year Ended 30 June 2014 |
| 5. | TANGIBLE FIXED ASSETS |
| Fixtures |
| Plant and | and | Computer |
| machinery | fittings | equipment | Totals |
| £ | £ | £ | £ |
| COST |
| At 1 July 2013 |
| Additions |
| At 30 June 2014 |
| DEPRECIATION |
| At 1 July 2013 |
| Charge for year |
| At 30 June 2014 |
| NET BOOK VALUE |
| At 30 June 2014 |
| At 30 June 2013 |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 30.6.14 | 30.6.13 |
| £ | £ |
| P Horner Loan | 6,000 | 8,000 |
| Tax |
| Social security and other taxes |
| Directors' loan accounts |
| Accrued expenses | 738 | 702 |
| 7. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 30.6.14 | 30.6.13 |
| value: | £ | £ |
| Ordinary | £1 |
| Duckworth Alexander Ltd (Registered number: SC360977) |
| Notes to the Financial Statements - continued |
| for the Year Ended 30 June 2014 |
| 8. | RESERVES |
| Profit |
| and loss |
| account |
| £ |
| At 1 July 2013 |
| Profit for the year |
| Dividends | ( |
) |
| At 30 June 2014 |
| 9. | RELATED PARTY DISCLOSURES |
| Director |
| During the year I Duckworth introduced £574 (2013: £33,713) into the company and withdrew £1,306 (2013: £6,043) from |
| the company. |
| 30.6.14 | 30.6.13 |
| £ | £ |
| Amount due to related party at the balance sheet date |
| P Horner |
| Secretary |
| During the year the company paid £2,000 to P. Horner and received £nil. |
| 30.6.14 | 30.6.13 |
| £ | £ |
| Amount due to related party at the balance sheet date |